Posted: June 24, 2026
Manager, Enterprise Hedge Accounting - RBC, Toronto is listed at RBC in Toronto, ON. The Beaver Board aggregates this opening from the employer's career page — apply using the button below to reach the official application. Browse more jobs at RBC.
Key duties include overseeing end-to-end hedging workflows, preparing daily inception documentation, and supporting system and process enhancement initiatives, including automation projects.
Top requirements involve strong knowledge of complex financial instruments, technical competence in relevant financial and statutory accounting standards, and excellent analytical skills.
You will help RBC mitigate interest rate and FX risk by delivering timely, accurate, and reliable financial information.
Join RBC's Wholesale Finance group as a Manager, Enterprise Hedge Accounting, where you will play a pivotal role in delivering timely, accurate, and reliable financial information. This position is central to the reporting and production aspects of RBC’s Net Investment, Cash Flow, and Fair Value hedge accounting programs. Your contributions will directly help the bank mitigate its interest rate and foreign exchange risk, ensuring the stability and integrity of its financial operations. This is an excellent opportunity to apply your expertise within a leading Canadian financial institution, contributing to high-level financial strategy and compliance.
As part of a dynamic team, you will ensure the provision of accurate and complete Financial and Regulatory Reporting for Wholesale Finance results. This includes managing end-to-end hedging workflows and system operations, which are crucial for maintaining robust financial controls. Your work will involve preparing daily inception documentation, validating transaction details, performing effectiveness testing, and monitoring counterparty credit risk. The ability to identify and assist in system and process enhancement initiatives, including the Automation project, will be highly valued, contributing to continuous improvement within the department.
A core responsibility of this role is to ensure that new hedges, products, and transactions are appropriately captured in RBC Financial Reporting Systems, including the correct use of General Ledgers and Financial Statement reporting lines. You will also ensure SOX and RBC EUC documentation compliance and completeness, including the implementation of new controls and processes. Participation in ad-hoc projects as directed by your reporting manager will be a regular part of your duties, offering diverse challenges and opportunities for growth.
Furthermore, you will ensure accurate external reporting, including Financial Statements, note disclosures, regulatory reporting, and management reporting. This involves the maintenance of a monthly review program to ensure financial controls are in place and appropriate reconciliations are completed. It is essential to ensure that global policies and procedures are adhered to by all stakeholders, including Product Control, Operations, and Head Office Statutory & Regulatory Reporting, to maintain consistency and adequacy of reconciliations. You will also assist in the investigation of all financial and regulatory reporting matters, requiring a keen eye for detail and strong problem-solving skills. Maintaining technical knowledge and keeping abreast of all new accounting developments, including hedge accounting changes, is paramount for success in this role. Your expertise will support the operational execution and implementation of new accounting standards, assessing related financial reporting impact, and coordinating the execution plan.
To succeed in this Manager, Enterprise Hedge Accounting position at RBC, you must possess a strong knowledge of complex financial instruments and transactions, coupled with a genuine interest in continuously developing that knowledge. Exceptional attention to detail is critical for ensuring accuracy in all financial reporting tasks. Technical competence in relevant financial and statutory accounting standards is a must-have, forming the foundation of your contributions. Highly developed communication, interpersonal, and negotiation skills are considered necessary for effective collaboration across various departments and with stakeholders.
Candidates should also demonstrate strong financial, analytical, judgmental, and conceptual skills, enabling them to navigate complex financial scenarios. The ability to manage operations workflows and prior process improvement experience will be highly beneficial. Excellent presentation and report writing skills are essential for conveying complex financial information clearly and concisely. A strong team ethic and work ethic are also vital for thriving in RBC’s collaborative environment. While not mandatory, an accounting designation or CFA, along with specific hedge accounting knowledge and familiarity with RBC’s reporting systems and infrastructure, would be considered significant assets.
